Lier Chemical: 2021 net profit increased by 75.17% as major sales and price increase

Date:01-21-2022

Recently, China’s Lier Chemical recently released its 2021 annual performance. In 2021, the company achieved a total operating income of RMB6.494 billion which is a year-on-year increase of 30.70% and a net profit attributable to shareholders of RMB1.072 billion which is a year-on-year increase of 75.17%; The basic earnings per share was RMB2.04. 

　　

Lier Chemical says that in 2021 the company could overcome the adverse impacts such as the suspension of production at major production bases and the supply chain fluctuations. The company could also effectively improve work safety and environmental compliance performance which ensured smooth running of production activities. On the other side, sales and prices of the company’s major products both increased. Hence, a year-on-year business performance was achieved.